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THE OFFICIALS

Premier provider of market commentary, news, and price assessment for the physical and financial oil market

The Officials are getting their own website!

From Monday 16th February 2026, the Officials reports will be published on officialsbenchmarks.com. Current subscribers to the Officials will be able to log in there automatically to access their content.

ABOUT THE OFFICIALS

The Officials bring you the unvarnished truth about what’s happening in markets, who is doing what, and what really matters.

We say it as we see it!

Jorge Montepeque – the creator of Dated Brent – leads the team in benchmarking key contracts, and its relentless hunt for the cold hard facts.

Subscribe for:

  • Twice daily reports on key market drivers and pricing
  • Weekly liquidity reports and quarterly traded volumes reports
  • Launching the Officials Brent Index on the Jakarta Futures Exchange – bringing market access to all
  • Regular analysts on Flux News shows

Latest reports

Who’s keeping count?

Edition: Euro Edition
Quiet North Sea, jumpy flat price and loudmouth Trump all in one day!
13 February 2026

Peering Eye 1.13

Edition: Peering EyeVolume: 1Issue: 13
Activity in Venezuelan ports goes down. But Novo seems to be getting busier!
13 February 2026

Guess who’s back!

Edition: Asia Edition
OPEC rumours regarding the supply gun came out and flat price took a hit. Meanwhile, India's Russian appetite is still a question
13 February 2026

Subscribe to the Officials

A subscription to the Officials costs $200 a month or $2000 annually.

Credit card subscription will be available again from Monday 12 January 2026. Alternatively, please contact us to express your interest in subscribing.

Meet the Officials

Jorge Montepeque

Head of Benchmarking, Flux
Jorge Montepeque

Edward Hayden-Briffett

Research Analyst, Flux
Edward Hayden-Briffett

Will Cunliffe

Research Analyst, Flux
Will Cunliffe

Spyridon Kokas

Research Analyst, Flux
Spyridon Kokas

The Officials Archive

Red is the colour of the day

Edition: Euro Edition
The market is getting crushed left and right folks!
12 February 2026

One for the record book!

Edition: Asia Edition
Massive Saudi allocations to China as oil flat price and OSPs are super cheap!
12 February 2026

Breaking up again

Edition: Euro Edition
We had a blast at IP Week and so did Brent flat price. The bulls turn more bullish whereas the bears are hiding.
11 February 2026

A sting in the tail of IE week

Edition: Asia Edition
It’s a short but intense week in London. There are fewer events today than on Monday and Tuesday, as many foreign visitors leave early tomor
11 February 2026

Away from the desks

Edition: Euro Edition
Everybody is busy partying and flat price is doing its own things!
10 February 2026

Arguments in the echo chamber

Edition: Asia Edition
IE Week is clearly underway and Brent is trading in the $68-69 as the market revises the super glut down.
10 February 2026

Liquidity Report 2.6

Volumes down on the week and largely down on the yea too.
10 February 2026

To the moon

Edition: Euro Edition
IE Week kicks off, Dangote's bold claims and the US' leaky purse
9 February 2026

Let’s get this party started!

Edition: Free EditionVolume: 3Issue: 27
IE week is starting here in London but over the weekend things were busy in politics!
9 February 2026

Party time!

Edition: Free Edition
Enjoy our weekly poll of Brent flat price direction on the summary page!
6 February 2026

Peering Eye 1.12

Edition: Peering Eye
Strait of Hormuz remains busy, but the vessel count in Venezuela has dropped significantly week on week.
6 February 2026

Too much yapping

Edition: Asia EditionVolume: 3Issue: 26
Iran talks continue but no juice and Brent stays high, while options activity is accelerating
6 February 2026